Bankman-Fried, who faces 25 years imprisonment could serve as little as 12.5 years based on good behaviour and credit available to him, says former federal prosecutor Mitchell Epner. The First Step Act has allowed many to reduce their sentence by 50%, particularly benefiting white-collar criminals. The act also allows for sentence reduction under urgent circumstances, often medical ones.

FBI offers $10 million for information about Salt Typhoon members
The FBI has declared a $10 million reward for information on Chinese hacking group Salt Typhoon, known for its intrusion into several US telecom firms’